On the 11 of July 2014 Queensland Bauxite pty Ltd QBL now Cann Global Pty Ltd CGB, announced they had entered into agreement with First State Pty Ltd to acquire a 50% interest in EL 7301 part of the Nullamana bauxite province in the region of Inverell in northern New South Wales, for 37,500,000 Ordinary shares and 30,000,00 Options in QBL/CGB
https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTE8J5Qa7pnGErJlJ2/k=
On the 16 of September 2014 QBL/CGB released an appendix 3B New issue announcement, application for quotation of additional securities (37,500,000 Shares and 30,000,000 options) as per the agreement agreement with First State Pty Ltd for QBL/CGB to acquire 50% of EL 7301
https://hotcopper.com.au/threads/ann-appendix-3b.2360655/
On the 4th of March 2016 QBL/CGB announced it had acquired a further 31% of its already 50% owned Bauxite EL 7301 from Plateau Bauxite Limited (PLB) for 29,000,000 Shares in QBL/CGB, increasing QBL/CGB's holding to 81% of the Tenement.
https://hotcopper.com.au/threads/an...c-acquisition-in-nsw-bauxite-project.2718388/
Then in QBL/CGB's Recomplince Prospectus 27th September 2017 on page 58, there is a Note:
1. A renewal of EL 7301 has been lodged with the Department of Natural Resources, Mines and Energy, together with a transfer of EL 7301 from Volcan Australia Corporation Pty Ltd to QBL. These
documents are still being processed as at the date of this Prospectus, however the Directors do not consider there to be any reason why such renewal and transfer would not be granted.
https://hotcopper.com.au/threads/ann-recompliance-prospectus.4463402/
There has been no mention in any from QBL/CGB that theTransfer of EL 7301 from "Volcan Australia Corporation Pty Ltd" to QBL/CGB has taken place, and I note that there is no Mention of what become of the NSW Bauxite Tenement in any of QBL/CGB's annual reports since September 2018.
The NSW "planning Industry & Environment "Digs Geological Survey of NSW" (DIGS) as of the 17th of October 2020 shows Volcan Australia Corporation Pty Ltd as the Current holder of EL 7301, How is it this tenement has not been transferred to the Now Cann Global CGB after 2 years?
https://search.geoscience.nsw.gov.a...p;a=false&s=false&page=1&count=50
